Small-cap stock Fujiyama Power hits 5% upper circuit after Q4 results 2026; details here

Fujiyama's Q4FY26 PAT jumped 107.5% YoY to 106.3 crore, while PAT margin rose by 110 basis points to 11.8% from 10.7% YoY. Fujiyama Power shares have risen 26% year to date, compared with an 11% decline in the benchmark Sensex.

Nishant Kumar
Published15 May 2026, 11:13 AM IST
Small-cap stock Fujiyama Power hit 5% upper circuit on Friday, a day after reporting its Q4 results for 2026.
Small-cap stock Fujiyama Power hit 5% upper circuit on Friday, a day after reporting its Q4 results for 2026.(Agencies)

Fujiyama Power share price: Small-cap stock Fujiyama Power hit its 5% upper circuit in morning trade on the BSE on Friday, 15 May, a day after the company reported its March quarter (Q4FY26) results.

Fujiyama Power Systems shares opened at 286.60 against their previous close of 273.10 and hit their 5% upper price band of 286.75 during the session, boosted by a strong year-on-year (YoY) jump in the company's profit after tax (PAT) and EBITDA for Q4FY26.

Fujiyama Power Q4 results 2026

Fujiyama's Q4FY26 PAT jumped 107.5% YoY to 106.3 crore, while PAT margin rose by 110 basis points to 11.8% from 10.7% YoY.

EBITDA during the quarter saw a solid jump of 116.9% YoY to 171.5 crore, while EBITDA margin jumped to 19% from 16.5% YoY.

Fujiyama Power's revenue from operations jumped 87.5% YoY to 900.8 crore.

For the full year, revenue from operations grew 72.3% YoY to 2,654.5 crore, EBITDA jumped 97.3% YoY to 490.3 crore, while margins improved to 18.5% compared to 16.1% last year.

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"The improvement in profitability reflects the benefits of higher operating scale, improved utilisation across manufacturing facilities and the increasing contribution of backwards-integrated operations," said Pawan Kumar Garg, Chairman and Joint Managing Director of Fujiyama Power.

The company said it added over 80 distributors, 450 dealers and 30 exclusive shoppes in Q4FY26, taking its total channel partner base to more than 8,900 as of March 2026.

"The outlook for residential solar solutions remains favourable, supported by policy continuity, increasing awareness and rising demand for reliable power solutions. As we move forward, our focus will remain on expanding capacity, strengthening backward integration, improving operating efficiencies and further expanding our distribution reach," Garg said.

Fujiyama Power share price trend

Shares of the electrical equipment firm, with a current market capitalisation of 8,680 crore, have risen 26% year to date, compared with an 11% decline in the benchmark Sensex.

The small-cap stock hit a 52-week low of 170.55 on 2 March this year, followed by a 52-week high of 313 on 29 April.

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